Lincoln Educational Services Corporation (NASDAQ:LINC – Get Free Report) saw an uptick in trading volume on Thursday . 377,795 shares were traded during mid-day trading, a decline of 24% from the previous session’s volume of 496,631 shares.The stock last traded at $39.2580 and had previously closed at $43.02.
Analysts Set New Price Targets
A number of research firms recently issued reports on LINC. Rosenblatt Securities reaffirmed a “buy” rating and set a $60.00 price target on shares of Lincoln Educational Services in a research note on Thursday, June 11th. Lake Street Capital restated a “buy” rating and issued a $55.00 target price on shares of Lincoln Educational Services in a report on Tuesday, May 12th. Barrington Research increased their price target on shares of Lincoln Educational Services from $45.00 to $56.00 and gave the company an “outperform” rating in a report on Tuesday, May 12th. B. Riley Financial lifted their price target on Lincoln Educational Services from $46.00 to $56.00 and gave the stock a “buy” rating in a research report on Tuesday, May 12th. Finally, Weiss Ratings cut Lincoln Educational Services from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday. Four investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $54.17.
Get Our Latest Analysis on LINC
Lincoln Educational Services Stock Down 9.6%
Lincoln Educational Services (NASDAQ:LINC – Get Free Report) last issued its earnings results on Monday, May 11th. The company reported $0.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.04 by $0.10. Lincoln Educational Services had a net margin of 4.11% and a return on equity of 15.25%. The firm had revenue of $143.96 million during the quarter, compared to analyst estimates of $135.66 million. Lincoln Educational Services has set its FY 2026 guidance at 0.740-0.830 EPS. Analysts expect that Lincoln Educational Services Corporation will post 0.78 earnings per share for the current fiscal year.
Insider Transactions at Lincoln Educational Services
In other news, SVP Alexandra M. Luster sold 18,007 shares of the business’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $44.64, for a total value of $803,832.48. Following the completion of the sale, the senior vice president owned 82,356 shares in the company, valued at approximately $3,676,371.84. The trade was a 17.94% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Brian K. Meyers sold 40,070 shares of Lincoln Educational Services stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $49.98, for a total transaction of $2,002,698.60. Following the transaction, the chief financial officer directly owned 160,712 shares in the company, valued at approximately $8,032,385.76. The trade was a 19.96% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 95,070 shares of company stock worth $4,617,457. Corporate insiders own 12.80% of the company’s stock.
Institutional Trading of Lincoln Educational Services
Several hedge funds have recently modified their holdings of LINC. Royal Bank of Canada grew its position in shares of Lincoln Educational Services by 246.7% in the 4th quarter. Royal Bank of Canada now owns 1,536 shares of the company’s stock worth $38,000 after buying an additional 1,093 shares during the last quarter. Strs Ohio acquired a new stake in Lincoln Educational Services in the first quarter valued at approximately $48,000. EverSource Wealth Advisors LLC boosted its stake in Lincoln Educational Services by 383.3% in the first quarter. EverSource Wealth Advisors LLC now owns 2,436 shares of the company’s stock valued at $99,000 after acquiring an additional 1,932 shares in the last quarter. Raymond James Financial Inc. purchased a new position in Lincoln Educational Services in the second quarter worth $116,000. Finally, Tower Research Capital LLC TRC increased its position in shares of Lincoln Educational Services by 1,081.1% during the second quarter. Tower Research Capital LLC TRC now owns 5,681 shares of the company’s stock worth $131,000 after purchasing an additional 5,200 shares in the last quarter. 72.23% of the stock is owned by hedge funds and other institutional investors.
About Lincoln Educational Services
Lincoln Educational Services Corporation is a publicly traded provider of career-focused post-secondary vocational education in the United States. Operating under the Lincoln Tech and Lincoln Culinary Institute brands, the company delivers hands-on technical instruction across high-growth industries. Its mission centers on equipping students with practical skills and industry credentials designed to meet employer needs.
The company’s program offerings span automotive technology, skilled trades, health sciences, information technology, culinary arts and public safety.
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